As part of efforts to transform the Nigerian National Petroleum Corporation (NNPC) into an integrated energy company, the Corporation has signed a Memorandum of Understanding (MoU) with the Kebbi State Government to build an 84 million litres per annum capacity fuel-ethanol project.

The Nigeria Electricity Regulatory Commission has renewed the power generation licence for Afam VI Power Plant, a 650MW-capacity facility that has delivered over 25.97 million Megawatt-hour (MWh) of electricity into the Nigerian grid since inception in 2008.

Afam VI is owned by The Shell Petroleum Development Company Joint Venture (SPDC JV) and located in Afam in Oyigbo Local Government area of Rivers State.

Swiss-based Trafigura’s aggregate direct purchases of crude, refined products and natural gas from national oil companies rose in 2016 to a third of its traded volumes, up from about a quarter in 2015, according to the company’s annual responsibility report published on Wednesday.

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that capacity building initiatives and sectorial reforms are critical elements that can address maritime security issues in the Gulf of Guinea. Dr. Dakuku made this position known in a paper presented at a G7 high level meeting on maritime security in Rome, Italy. The NIMASA DG noted that despite the security challenges being faced in the region, lots of concerted efforts with Stakeholders and other government Agencies have been put in place to check the menace.

The Nigerian National Petroleum Corporation has secured a total of $3.7bn in Alternative Financing Agreement in the last three years, Group Managing Director of the Corporation, Dr. Maikanti Baru has said.

Dr. Baru, who made this known while speaking at the 35th Annual Conference of the Nigerian Association of Petroleum Explorationists (NAPE) in Lagos on Wednesday, said securing external funding arrangement was crucial to sustaining oil and gas production in Nigeria and ensuring the survival of Nigeria’s energy future.

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has thrown its weight behind the exploratory activities the Nigerian National Petroleum Coporation has been spearheading in inland basins.

Ahead of the February 2018 deadline to digitalize core operations and eliminate paper applications, the Nigerian Content Development and Monitoring Board (NCDMB) recently organized trainings for personnel of service companies on the use of the upgraded NOGIC JQS platform.

The one day intensive training ran consecutively for five days in Yenagoa, Bayelsa State and drew several participants. Operating companies had their sessions earlier in Port Harcourt, Rivers State.

A Norwegian independent exploration and production company and one of the partners in Aje oilfield located in Oil Mining Lease (OML) 113, Panoro Energy, has stated that the partners in the Lagos oilfield had commenced negotiations to resolve their legal dispute.

Panoro Energy had dragged the other partners to the London court, and had also filed a request for arbitration with the secretariat of the International Chamber of Commerce.

THE Nigerian National Petroleum Corporation (NNPC), on Tuesday, said it had completed, commissioned and delivered 500 kilometres of gas pipelines from 2010 to date, as part of an aggressive expansion of gas pipeline infrastructure across the country.

According to a statement in Abuja, Group Managing Director of the NNPC, Mr. Maikanti Baru, stated this in Abuja at the 2017 Conference and Annual General Meeting of the Nigerian Society of Engineers, NSE.